$NEAR is the fundamental favorites for this cycle.
But there’s an important difference between having a strong fundamental thesis and what the technical structure is telling us right now.
Even if you believe Bitcoin is a scarce asset worth holding, that doesn’t mean you have to hold your entire position through every move. The same applies to gold or any other asset in a portfolio.
Long-term conviction doesn’t mean ignoring short-term risk.
Looking at the $NEAR chart, it feels like the narrative and momentum are starting to cool off after the strong move higher. That makes a correction increasingly likely.
Given the strength of the recent impulse, I wouldn’t be surprised to see a 30–40% correction across the market.
These are the levels I’m watching:
🎯 $4.30–$4.35 → Mainly looking for bounce setups or short-term day trades.
🎯 $3.90 → First major area where I’d consider adding back to my portfolio.
🎯 $3.40 → A level where I’d be comfortable scaling in more aggressively. Even a move here would still be a fairly normal correction after such a strong rally.
The bearish divergence was quietly warning that short-term momentum was getting overheated.
I’m still bullish on $NEAR fundamentally. I’m just looking to manage risk and let the market come to me rather than chasing the move higher.
But there’s an important difference between having a strong fundamental thesis and what the technical structure is telling us right now.
Even if you believe Bitcoin is a scarce asset worth holding, that doesn’t mean you have to hold your entire position through every move. The same applies to gold or any other asset in a portfolio.
Long-term conviction doesn’t mean ignoring short-term risk.
Looking at the $NEAR chart, it feels like the narrative and momentum are starting to cool off after the strong move higher. That makes a correction increasingly likely.
Given the strength of the recent impulse, I wouldn’t be surprised to see a 30–40% correction across the market.
These are the levels I’m watching:
🎯 $4.30–$4.35 → Mainly looking for bounce setups or short-term day trades.
🎯 $3.90 → First major area where I’d consider adding back to my portfolio.
🎯 $3.40 → A level where I’d be comfortable scaling in more aggressively. Even a move here would still be a fairly normal correction after such a strong rally.
The bearish divergence was quietly warning that short-term momentum was getting overheated.
I’m still bullish on $NEAR fundamentally. I’m just looking to manage risk and let the market come to me rather than chasing the move higher.
